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Internal Control
Management Accounting
CPE Self-study

Internal Control

This CPE course provides you with the technical knowledge required for the CGMA exam related to strategic management accounting. It focuses on control environments, identifying weaknesses and compliance failures, identifying controls to manage risks, and the costs and benefits of maintaining the internal control system.

$55 - $65
Do you have an AICPA membership? Log in to apply your member discount.

Format

Online

NASBA Field of Study

Business Management and Organization

Level

Intermediate

CPE Credits

1.5

Author(s)

Kaplan Publishing Limited

Availability

1 year

Product Number

165333

 Business & partner 
Learning Outcomes
  • Identify control weaknesses and compliance failures
  • Identify controls to identify, assess and manage risks
  • Recognize the costs and benefits of maintaining the internal control system
Key Topics
  • The control environment
  • Internal control
  • Purposes of internal control: the achievement of an entity's objectives, effectiveness and efficiency of operations
  • Identifying and evaluating control weaknesses
  • Identifying and evaluating compliance failures
  • Operational features of control systems, including embedding in organisation’s operations, responsiveness to evolving risks and timely reporting to management
  • The pervasive nature of internal control and the need for employee training
  • Costs and benefits of maintaining the internal control system
Product Details

This CPE course is included in the 50+ hours of CGMA Strategic Management Accounting. It can also be purchased individually or as a part of Governance and Risk Management.

This CPE course covers internal control systems, which are defined as systems for management to control certain risks and therefore help businesses achieve their objectives. It first introduces the Turnbull Report, which covers the importance of internal control and risk management in organizations. While the report is a UK report it can still be applied to all companies. It then examines the Committee of Sponsoring Organizations (COSO) model of internal control consisting of five integrated components which are characterized by 17 principles. The course goes on to identify examples of organizational control and address the classification of controls into three broad categories (financial, non-financial quantitative, and non-financial qualitative controls). It finally investigates the process used to develop an adequate control system, and provides case studies based on real-world events.

Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$65.00
AICPA Members
Online
$55.00

Group ordering for your team

2 to 5 registrants

Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.

Start order

6+ registrants

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Contact us
Credit Info
CPE Credits
Online
1.5
NASBA Field of Study
Business Management and Organization
Level
Intermediate
Prerequisites
Management accounting experience or the equivalent
Access
Online
This is a digital product. You will have access to the content for 1 year after purchase date.
Instructors
Kaplan Publishing Limited
Shipping and delivery
Shipping costs  and sales taxes will be added later during checkout
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services. The Association is committed to making professional learning accessible to all. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. For accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

Internal Control
Select from the following options:
Online
$65.00
Nonmember Price
$65.00
Price excluding sales tax
$65.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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